UK Parliament / Open data

Budget Resolutions

Proceeding contribution from Anthony Browne (Conservative) in the House of Commons on Wednesday, 27 October 2021. It occurred during Budget debate on Budget Resolutions.

The hon. Lady agreed with the point made by the right hon. Member for Kingston and Surbiton (Ed Davey) on bank taxation. Does she agree that 28 is higher than 27? The corporation tax rate on banks is currently 27%, and after the rise in corporation tax and the change to the bank corporation tax surcharge it will be 28%. By anyone’s reckoning that is an increase in taxation on banks, not a decrease.

Type
Proceeding contribution
Reference
702 c329 
Session
2021-22
Chamber / Committee
House of Commons chamber
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